obama and his republican challenger mitt romney in the fall campaign. since election day when they lost latino voters by a lopsided margin, republicans have begun joining calls for reforms. it's also an issue with potential economic repercussions on both sides of the border. mexico and the u.s. have become vital trading partners as the mexican economy booms. it now ranks as the second largest latin american economy behind brazil's. for more on the president's meeting with pena nieto and the u.s. and mexico's war on drugs, i'm joined by shannon o'neal, a senior fellow at the council of foreign relations, and michael shifter, president of inter- american dialogue. shannon o'neal, first to you. at any given moment, the president of these two countries have plenty to talk about. but at this very moment with two new administrations about to begin, are the top agenda items in the mexico-u.s. relationship? >> well, as you heard from the press release one of the big issues that mexico comes with is the economic issue and the economic ties between the two nation